Under Labour, the immigration system was out of control, with migration reaching almost 200,000 a year. This Government is committed to bringing the immigration system under control and reducing net migration to 1990s levels - from hundreds of thousands to tens of thousands.
To achieve this we'll have to take action on all routes to entry to the UK: economic visas; student visas; family visas; and the link between temporary migration and settlement.
The Home Secretary, Theresa May said:
"Today's announcement has set out a clear, rational approach to which workers we will allow into the UK job market. We have set out an approach which will not only get immigration down to sustainable levels but at the same time, protects those businesses and institutions which are vital to our economy.
We will take action on all routes into the UK and these changes are crucial if we are to limit the numbers coming here to work, while still attracting the brightest and the best to the UK. We have worked closely with businesses while designing this system, and listened to their feedback, but we have also made clear that as the recovery continues, we need employers to look first to people who are out of work and who are already in this country."